16805 Sherman Way

Lake Balboa, CA 91406

  • 4 Bed(s)
  • 3 Bath(s)
  • 2,272 Sqft
  • 6915
    Sqft(Lot)
$950,000

Description

Attention astute investors! this wonderful tri-plex is located in a great lake balboa neighborhood,

and at this competitive price point it’s a great investment opportunity for any investor or developer.

it has a sherman way address but all entrances are on forbes avenue. the units consist of one 2

bedroom, 1 bath unit, and two 1 bedroom, 1 bath units. each unit has a dedicated off street parking

space. landlord pays for water, tenants pay for gas and electricity. it has a total of 2,272 square

feet of living space. zoned lard2. sweeping 6,915 square foot corner lot. property has a high walk

score® of 71; meaning the location is very walkable so most errands can be accomplished on foot.

close to restaurants, grocery stores, and a very short drive to the 405 freeway and lake balboa park

with its boating lake, golf course, and comprehensive sport amenities and activities. call now for all

the details and i’ll gladly arrange a private tour.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Traditional

  • AD ID

    48704162

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Composition
    • Interior Features: Ceiling Fan(s),Crown Molding,All Bedrooms Down
    • Flooring: Laminate

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

  • Building Information

    • Year Built: 1948
    • Building Area Total: 2,272
    • Construction: Stucco
    • Roof: Composition

    Foundation

    • Raised

    Pool Features

    • None

    Laundry Features

    • Inside

  • Lot Details

    • Lot Dimensions Source: Assessor
    • Lot Size Acres: 0.1587
    • Lot Size Dimensions: 6915
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 6915

  • Listing Price Information

    • Original List Price: 950,000
    • Listing Contract Date: 2025-02-24

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 2226031009

  • Garage and Parking

    • Garage Description: Concrete,Uncovered

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: LKBL - Lake Balboa
    • Directions: East of Balboa Blvd, and Sherman Way St.
    • Zoning: LARD2
    • Source Property Type: Residential Income
    • Area: LKBL - Lake Balboa
    • Property SubType: Triplex

    Building and Construction

    • Property Age: 77
    • Common Walls: 1 Common Wall
    • Structure Type: Triplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 04/04/2025 @ 14:54

  • MLS: SR25041364
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 4 bedrooms which is for sale, it has 2,272 sqft, 6,915 sized lot, and 0 parking. are nearby neighborhoods.